Page 3089 - Markets News

BSE to launch paperless e-mandate facility on mutual fund platform

National Stock Exchange had announced the introduction of e-mandate facility on its mutual fund platform

NSE to auction investment limits for Rs 94.75-billion corporate bonds

The auction will be conducted on NSE's e-bid platform from 1530 hrs to 1730 hrs after the close of market hours

Hurt by higher expenses, IDFC Bank Q3 profit drops 24% to Rs 1.46 billion

Gross bad loans as a percentage of total loans stood at 5.62% at end-December

Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

All that happened in the market today

Crude oil prices at $60 conducive to revenue growth: Air India CMD

Crude prices are important for airlines, as jet fuel, which is a refined product, is heavily taxed in India and forms a major cost component

Jubilant FoodWorks hits new high on solid Q3 performance

The stock surged 6% to Rs 2,053 after the company reported a strong Same Store Growth of 17.8% for Domino's in December quarter.

Sebi allows investment up to 25% in REITs/InvITs to attract investors

The units subscribed by strategic investors, pursuant to the unit subscription agreement, will be locked-in for 180 days from the date of listing in the public issue

Manappuram Finance to discuss on investment proposals; stock rebounds 7%

The stock moved higher to Rs 121, up 4%, bouncing back 7% from its intra-day low of Rs 113 on the National Stock Exchange.

Adani Ports gain on brokerages upgrade

The stock was up 3% at Rs 427 as compared to 0.27% rise in the Sensex at 12:33 PM

US SEC raises doubts about Bitcoin ETFs amid biggest cryptocurrency slump

The SEC said it has questions concerning how funds holding substantial amounts of cryptocurrencies and related products would satisfy the requirements of the 1940 Act

Biocon hits record high on collaboration with Sandoz

The stock hit a record high of Rs 564, up 4% on NSE after the company entered into a global partnership with Sandoz to develop, manufacture and commercialise multiple biosimilars.

Cyient hits 52-week high post Q3 results

The stock hit a 52-week high of Rs 622, up 7% on BSE in early morning trade, after the company reported 1.3% QoQ dollar revenue growth at $152 million in December quarter.

Alembic gains on share buyback plan

The stock up 7% to Rs 63.20 on BSE in intra-day trade after the pharmaceutical company announced that its board will consider share buyback proposal on Tuesday, January 23, 2018.

Wonderla Holidays nears record high on GST rate cut

The stock surged 9% to Rs 424 on BSE in early morning deal was trading close to its record high of Rs 430 touched on December 23, 2015.

Diamond prices may slump 10% in 2018 as millennials snub the precious gem

Polished diamond was one of the worst-performing commodities in 2017

HCL Technologies posts lower-than-expected profit in third-quarter

The company maintained its forecast for full-year revenue growth in a range of 10.5 per cent-12.5 per cent in constant currency terms

UltraTech: Operating performance disappoints

Better cement demand, turnaround of acquired assets should help the firm

FDI in banks: More foreign money into banking system, so what?

The government is considering increasing the foreign direct investment limit to 100% for private lenders and 49% for public sector banks

Nifty outlook and top trading ideas by Prabhudas Lilladher for today

Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

Oil dips on US production uptick; analysts say 'don't expect steep decline'

Analysts also pointed to excessive long positions in financial oil markets as a likely brake on any upward momentum in prices